U.s. Coins: The Price of a Penny (Financial Institutions and Services)

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9781606929391: U.s. Coins: The Price of a Penny (Financial Institutions and Services)
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Federal Reserve Banks fulfill the coin demand of the nation's depository institutions, which include commercial banks, savings and loan associations, and credit unions, by ordering fresh coins from the US. This book addresses the Reserve Banks' process for ordering and distributing coins to the nation's depository institutions.

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Book Description Nova Science Publishers Inc, United States, 2009. Paperback. Condition: New. UK ed. Language: English. Brand new Book. Federal Reserve Banks fulfil the coin demand of the nation's depository institutions, which include commercial banks, savings and loan associations, and credit unions, by ordering new coins from the U.S. Mint and managing coins held in inventory at the Reserve Banks and in coin terminals. Reliably estimating the demand for coins and efficiently managing the inventory of circulated coins is important to ensure that depository institutions have enough coins to meet the public's demand and to avoid unnecessary coin production costs. This book addresses the Reserve Banks' process for ordering and distributing coins to the nation's depository institutions and the extent to which this process meets depository institutions' demand for coins. Seller Inventory # AAG9781606929391

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Book Description Nova Science Publishers Inc, United States, 2009. Paperback. Condition: New. UK ed. Language: English. Brand new Book. Federal Reserve Banks fulfil the coin demand of the nation's depository institutions, which include commercial banks, savings and loan associations, and credit unions, by ordering new coins from the U.S. Mint and managing coins held in inventory at the Reserve Banks and in coin terminals. Reliably estimating the demand for coins and efficiently managing the inventory of circulated coins is important to ensure that depository institutions have enough coins to meet the public's demand and to avoid unnecessary coin production costs. This book addresses the Reserve Banks' process for ordering and distributing coins to the nation's depository institutions and the extent to which this process meets depository institutions' demand for coins. Seller Inventory # AAG9781606929391

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